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HomeMy WebLinkAboutCOM 0358.000 2002-2004 Mtr os x~~. Harry Kim ' William Takaba ~6iu~ Mayor Director . ~ Nancy E. Crawford •ij,~ ; Deputy Direemr County of Hawaii o ~ Finance Department ~ 25 Aupunf Slra;t, R. nn l l8 • Hilo, Hawaii 96720 ~ (RUS)9G1-8234 • Fax (808)961-8248 N Ie v' September 23, 2003 ~ - Honorable James Arakaki, Chairperson and ~ i Members of the County Council ~ °D Hawaii County Council _ 25 Aupuni Street CD Hilo, Hawaii 96720 Re: Bond Ordinance Enclosed is a bill for an ordinance authorizing the Mayor to enter into an intergovernmental agreement for a State Water Pollution Control Revolving Fund Loan (SRF) for the County's wastewater public improvement projects; and authorizing the issuance of general obligation bonds for the purpose of financing the improvement projects. Pursuant to the County Procedures Manual for Participation in the Hawaii State Revolving Fund Loan Program, prepared by the Wastewater Branch of the Hawaii Department of Health in April 1994, part of the loan application process requires a "resolution or ordinance passed by the County Council which authorizes the SRF loan application and identifies the dedicated source(s) of revenue (i.e., general obligation bonds) which will fund the project and repayment of the loan with interest." The Council's authorization of the issuance of general obligation bonds will serve as a pledge of its general obligation authority as security for repayment of the loan and interest. If there are any questions, please do not hesitate to call the Department of Environmental Management and the Department of Public Works. William Taka a Director of Finance APP OVED: ~L~\ Harry KC irr~ Mayor 3s8 Comm. No. ~7 _ Ref. To: Enc. Ref. Date cc: Environmental Mgt, Public Works lip 11 lS'f' Form B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Environmental Management DATE: 9/11/03 STAFF CONTACT: Robin Bauman PHONE: 961-8585 A. REQUEST: We are requesting an Ordinance authorizing the Mayor to enter into an intergovernmental agreement for a State Water Pollution Control Revolving Fund Loan (SRF) for the County's wastewater public improvement projects; and authorizing the issuance of general obligation bonds for the purpose of financing the improvement projects. This ordinance is requested for the following SRF projects: Project: Amount: Kalanianaole Interceptor Sewer Rehabilitation $6,000,000 Kealakehe Sewage Effluent Reuse $2,000,000 Komohana Heights Collector Sewer $2,000,000 Queen Liliuokalani Collector Sewer $2,000,000 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED)' A bond ordinance is required to proceed with the above listed SRF projects. The Kalanianaole Interceptor Sewer Rehabilitation project is for the repair and rehabilitation of approximately 1 mile of interceptor sewer which has significant deterioration. The Kealakehe Sewage Effluent Reuse project is for the construction of a recycled water main, contractor fill station, and distribution line to Honokohau Harbor. The Komohana Heights Collector Sewer and Queen Liliuokalani Collector Sewer projects are for the elimination of large capacity cesspools. SIGNED: ~ ~ Cl~l~ ~ DATE: ~ Department Head Form B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Public Works DATE: 9/9/03 STAFF CONTACT: Brian Kajikawa PHONE: 961-8331 A. REQUEST: An ordinance authorizing the County of Hawaii to enter into an intergovernmental agreement for a State Water Pollution Control Revolving Fund Loan for the large capacity cesspool conversion project; and authorizing the issuance of $8,000,000 general obligation bonds for the purpose of financing qualified wastewater public improvements of the County of Hawaii: Replacement of Large Capacity Cesspools $8,000,000 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): U.S. Environmental Protection (EPA) mandate of large capacity cesspool replacement for County facilities. Large capacity cesspools existing prior to April 5, 2000, must be upgraded by April 5, 2005. SIGNED: ~ ~-Q-~ DATE: 9 ~3 _ Department Head B"